BTIG Research Forecasts Strong Price Appreciation for Howmet Aerospace (NYSE:HWM) Stock

Howmet Aerospace (NYSE:HWM) had its target price increased by stock analysts at BTIG Research from $300.00 to $340.00 in a report issued on Monday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. BTIG Research’s price objective points to a potential upside of 20.39% from the stock’s previous close.

Several other equities research analysts also recently issued reports on the stock. Morgan Stanley restated an “overweight” rating and issued a $315.00 price objective on shares of Howmet Aerospace in a research note on Friday, May 8th. BNP Paribas Exane restated an “outperform” rating and issued a $340.00 price target (up from $265.00) on shares of Howmet Aerospace in a research report on Friday, May 8th. Royal Bank Of Canada boosted their price objective on shares of Howmet Aerospace from $325.00 to $350.00 and gave the stock an “outperform” rating in a report on Friday. Wall Street Zen cut shares of Howmet Aerospace from a “strong-buy” rating to a “buy” rating in a research note on Sunday, July 5th. Finally, Wells Fargo & Company restated an “outperform” rating on shares of Howmet Aerospace in a research note on Monday. Seventeen research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $308.17.

Howmet Aerospace Stock Up 0.2%

Howmet Aerospace stock opened at $282.42 on Monday. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.82 and a quick ratio of 0.87. Howmet Aerospace has a fifty-two week low of $169.45 and a fifty-two week high of $310.00. The firm has a fifty day moving average price of $272.81 and a two-hundred day moving average price of $254.16. The firm has a market cap of $113.00 billion, a price-to-earnings ratio of 60.87, a P/E/G ratio of 2.23 and a beta of 1.20.

Howmet Aerospace (NYSE:HWM) last posted its quarterly earnings data on Thursday, August 6th. The company reported $1.33 EPS for the quarter, topping analysts’ consensus estimates of $1.24 by $0.09. The business had revenue of $2.55 billion for the quarter, compared to analyst estimates of $2.43 billion. Howmet Aerospace had a return on equity of 33.91% and a net margin of 20.52%.The firm’s revenue for the quarter was up 24.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.91 earnings per share. Howmet Aerospace has set its Q3 2026 guidance at 1.340-1.360 EPS and its FY 2026 guidance at 5.230-5.310 EPS. As a group, analysts forecast that Howmet Aerospace will post 5 earnings per share for the current year.

Hedge Funds Weigh In On Howmet Aerospace

A number of large investors have recently modified their holdings of HWM. Danica Pension Livsforsikringsaktieselskab bought a new position in Howmet Aerospace in the 2nd quarter valued at $12,219,000. Danske Bank A S bought a new stake in shares of Howmet Aerospace in the 2nd quarter valued at $126,862,000. Diversify Advisory Services LLC bought a new stake in Howmet Aerospace in the 2nd quarter valued at $1,977,000. Gables Capital Management Inc. acquired a new stake in Howmet Aerospace in the 2nd quarter valued at approximately $59,000. Finally, Wealthfront Advisers LLC acquired a new stake in shares of Howmet Aerospace in the 2nd quarter valued at approximately $24,618,000. 90.46% of the stock is currently owned by institutional investors and hedge funds.

About Howmet Aerospace

Howmet Aerospace Inc is an industrial technology company that designs, manufactures and repairs engineered metal products for the aerospace, transportation and industrial markets. Its product portfolio includes precision castings and forgings, engineered fasteners, seamless rolled rings, and complex components for turbine engines, airframes and industrial gas turbines. The company also provides aftermarket services such as component repair, overhaul and parts distribution to support the operating fleet of commercial and military customers.

Howmet serves a global customer base of original equipment manufacturers (OEMs) and aftermarket operators, with manufacturing, service and distribution facilities across North America, Europe and Asia.